The June 30, 2017 Balance Sheet of Rockwell Collins Corp. reported total Assets of $18.351 billion and total Liabilities of $12.742 billion. On September 4, 2017, United Technologies Corporation (UTC) announced the acquisition of Rockwell Collins for $30 billion. Given these facts, what was Rockwell Collins market-to-book ratio at this time? What are two financial accounting reasons for why Rockwell Collins book value of equity is so far below its market value of equity, as it is reflected in the purchase price that UTC paid?